Specialist Financial Reporting

Employer
Qatar National Bank (QNB)
Location
Doha, Qatar
Salary
Competitive
Posted
Aug 14, 2019
Closes
Sep 13, 2019
Ref
6139494
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
About QNB
QNB Group, the largest Financial Institution in the Middle East and Africa are looking to hire a Specialist Financial Reporting, to meet the expansion needs of our office in QNB - Qatar//Doha.
QNB has enjoyed continued success with Net Profits of QAR 10.8 billion (USD3 billion) in 2018 (up by 6%) and increased Total assets to QAR 853 billion (USD 234 billion). The Group now employs over 29,000 employees in 1,200 locations, with an ATM network of more than 4,300 machines.

Role Summary:
The incumbent will assume prime responsibility for financial reporting (domestic), in line with pertinent regulatory requirements/ best practices. The development and implementation of the Group's Financial Statement Close Process (FSCP) also rests with the incumbent.

Role Description:
      • Monitor limits and exposures with a view to improving the Group's profits, whilst at the same time ensuring compliance with the consolidated/ overall limits approved by the Board.
      • Liaise with relevant officials from QCB and the external auditors of the Group, on matters pertaining to presentation and disclosure of financial statements, emerging financial reporting trends, impacts of proposed accounting standards etc
      • Ensure all financial regulatory reports/returns are prepared at a timely manner and are in line with the relevant regulatory requirements
      • Ensure monitoring of local and international regulatory changes, accounting standards and assess the impact of such changes on the periodic reporting to the regulators of the respective jurisdictions and also assess the impact of such changes on the financial statements.
      • Oversee the preparation of consolidated financial statements for the Group in a timely and efficient manner.
      • Implement the structure to independently verify and safeguard the integrity of Group's financial reporting. In doing so, supervise the review and authorization processes designed to ensure truthful and factual presentation of the Group's financial position.
      • Responsible for the development and successful implementation of the Group's FSCP.


Qualifications:
  • Bachelor/ Masters degree in finance, accountancy or related subjects.
  • Professional certification such as CPA, CA, ACCA or CFA is a plus.
  • Minimum of 6 years experience in a major bank of which at least 2 years in a managerial capacity in the financial budgeting & business planning function.
  • Excellent oral and written communication skills in English.
  • Knowledge of financial reporting standards including IFRS, IAS etc.

Note: you will be required to attach the following:
1. Resume / CV

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